- China's railway building boom is expected to boost the country's struggling steel, cement, glass and other heavy industries in the second half of this year.

- More than 4,000 workers in Microsoft Corp's Nokia division may lose their jobs in the company's global downsizing plan, China Daily said, citing a person familiar with the situation.

PEOPLE'S DAILY

- China's economy grew at a "new normal" rate in the first six months of this year, with its former high-speed growth slowing but still maintaining a sustainable rebound, the newspaper said in a commentary. Adapting to these "new normal" conditions will be good for the economy, it said.